Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Uruguay - 2022

Contents:

  1. Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Uruguay (CIF) - 2022
  2. Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Uruguay

Price for Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Uruguay (CIF) - 2022

The average import price for crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses stood at $7,557 per ton in 2022, declining by -25.7% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced expansion. The pace of growth appeared the most rapid in 2014 an increase of 71%. The import price peaked at $12,441 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($8,931 per ton) and Germany ($7,231 per ton), while the price for Lithuania ($5,990 per ton) and the United States ($7,175 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+47.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Uruguay

In 2022, purchases abroad of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses decreased by -68.4% to 900 kg for the first time since 2018, thus ending a three-year rising trend. Overall, imports showed a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 67%. As a result, imports attained the peak of 2.9 tons, and then dropped dramatically in the following year.

In value terms, imports of crustacean preparations; shrimps and prawns, prepared or preserved, not in airtight containerses contracted rapidly to $6.8K in 2022. In general, imports faced a precipitous decline. The growth pace was the most rapid in 2021 when imports increased by 95% against the previous year. As a result, imports reached the peak of $29K, and then shrank significantly in the following year.

Import of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7.57.214.42.7-28.9%
Vietnam7.87.314.02.7-29.8%
LithuaniaN/AN/AN/A0.60%
Germany0.40.40.60.1-37.0%
Others0.2N/AN/A0.644.2%
Total15.914.929.06.8-24.7%

Top Suppliers of Crustacean Preparations; Shrimps and Prawns, Prepared or Preserved, Not in Airtight Containers to Uruguay in 2022:

  1. United States (382.0 kg)
  2. Vietnam (305.0 kg)
  3. Lithuania (100.0 kg)
  4. Germany (13.0 kg)

Source: IndexBox Market Intelligence Platform

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